Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ) has shared an update.
China Ruifeng Renewable Energy Holdings Ltd. has provided a monthly update on its proposed transactions, including the subscription of new shares and convertible bonds, a possible acquisition, and an application for a whitewash waiver. The completion of these transactions is contingent upon fulfilling certain conditions, such as executing a Formal Equity Transfer Agreement. The company has extended the deadlines for these agreements to June 2025, pending further communication and consents from relevant parties, including Hebei SASAC and Hebei Transportation Investment Group. The company plans to seek further extensions for dispatching the Circular as required under the Takeovers Code.
More about China Ruifeng Renewable Energy Holdings Ltd.
China Ruifeng Renewable Energy Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the renewable energy sector. It focuses on the development and management of renewable energy projects, primarily dealing with wind power generation.
YTD Price Performance: -24.62%
Average Trading Volume: 1,467,324
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$840.2M
For a thorough assessment of 0527 stock, go to TipRanks’ Stock Analysis page.